Greenwood Capital Associates LLC decreased its position in NYLI Hedge Multi-Strategy Tracker ETF (NYSEARCA:QAI – Free Report) by 20.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,875 shares of the company’s stock after selling 1,757 shares during the quarter. Greenwood Capital Associates LLC’s holdings in NYLI Hedge Multi-Strategy Tracker ETF were worth $216,000 at the end of the most recent quarter.
A number of other institutional investors also recently added to or reduced their stakes in the company. Pitcairn Co. raised its position in shares of NYLI Hedge Multi-Strategy Tracker ETF by 46.9% during the 3rd quarter. Pitcairn Co. now owns 1,602,027 shares of the company’s stock worth $51,393,000 after acquiring an additional 511,219 shares in the last quarter. International Assets Investment Management LLC raised its holdings in NYLI Hedge Multi-Strategy Tracker ETF by 3,108.2% during the third quarter. International Assets Investment Management LLC now owns 43,663 shares of the company’s stock worth $1,361,000 after purchasing an additional 42,302 shares in the last quarter. Matrix Trust Co raised its holdings in NYLI Hedge Multi-Strategy Tracker ETF by 613.6% during the fourth quarter. Matrix Trust Co now owns 24,897 shares of the company’s stock worth $782,000 after purchasing an additional 21,408 shares in the last quarter. BTS Asset Management Inc. purchased a new stake in shares of NYLI Hedge Multi-Strategy Tracker ETF during the 3rd quarter worth approximately $661,000. Finally, Jane Street Group LLC grew its position in shares of NYLI Hedge Multi-Strategy Tracker ETF by 58.1% in the 3rd quarter. Jane Street Group LLC now owns 53,586 shares of the company’s stock valued at $1,719,000 after buying an additional 19,700 shares during the last quarter.
NYLI Hedge Multi-Strategy Tracker ETF Price Performance
Shares of QAI opened at $31.93 on Wednesday. NYLI Hedge Multi-Strategy Tracker ETF has a 1-year low of $29.83 and a 1-year high of $32.80. The stock has a market cap of $577.93 million, a PE ratio of 14.66 and a beta of 0.31. The firm has a fifty day moving average price of $32.06 and a 200 day moving average price of $31.84.
NYLI Hedge Multi-Strategy Tracker ETF Profile
The IQ Hedge Multi-Strategy Tracker ETF (QAI) is an exchange-traded fund that is based on the IQ Hedge Multi-Strategy index. The fund tracks an index that aims to emulate hedge fund returns across different strategies, primarily by holding other ETFs. QAI was launched on Mar 25, 2009 and is managed by IndexIQ.
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